S 2347 · 116th Congress · Taxation
Student Loan Repayment Acceleration Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2019-07-31)
Plain Language Summary
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Student Loan Repayment Acceleration Act This bill amends the Internal Revenue Code to exclude from the gross income of an employee up to $10,000 per year in student loan payments made by an employer. The loan payments are also exempt from certain payroll taxes…
Summarized by Claude AI · Non-partisan · For informational purposes only